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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tse Sui Luen Jewellery (International)'s retained earnings for the quarter that ended in Mar. 2026 was HK$85 Mil.
Tse Sui Luen Jewellery (International)'s quarterly retained earnings
declined
from Mar. 2025 (HK$-29 Mil) to Sep. 2025 (HK$-65 Mil) but then
increased
from Sep. 2025 (HK$-65 Mil) to Mar. 2026 (HK$85 Mil).
Tse Sui Luen Jewellery (International)'s annual retained earnings
declined
from Mar. 2024 (HK$167 Mil) to Mar. 2025 (HK$-29 Mil) but then
increased
from Mar. 2025 (HK$-29 Mil) to Mar. 2026 (HK$85 Mil).
Tse Sui Luen Jewellery (International) (HKSE:00417) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Tse Sui Luen Jewellery (International) Retained Earnings Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tse Sui Luen Jewellery (International) Retained Earnings Chart
Tse Sui Luen Jewellery (International) Annual Data
Tse Sui Luen Jewellery (International) Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Tse Sui Luen Jewellery (International) (HKSE:00417) has a Retained Earnings of HK$85 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tse Sui Luen Jewellery (International) and its competitors.
Is Tse Sui Luen Jewellery (International)'s Retained Earnings too high?
Tse Sui Luen Jewellery (International)'s current Retained Earnings is HK$85 Mil. Overall, Tse Sui Luen Jewellery (International) has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tse Sui Luen Jewellery (International)'s Retained Earnings compare to TPR?
Tse Sui Luen Jewellery (International)'s Retained Earnings of HK$85 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tse Sui Luen Jewellery (International) and its competitors. Tse Sui Luen Jewellery (International)'s current Retained Earnings is HK$85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tse Sui Luen Jewellery (International) stock overvalued right now?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) (HKSE:00417) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.75 — trading 31.6% above its estimated fair value. The current Retained Earnings is HK$85 Mil. Tse Sui Luen Jewellery (International)'s overall GF Score™ is 40/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Tse Sui Luen Jewellery (International) (HKSE:00417), the current Retained Earnings is HK$85 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tse Sui Luen Jewellery (International) (HKSE:00417) Overvalued in 2026?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) stock appears to be overvalued.
The current stock price of HK$0.75 is trading 31.6% above its estimated GF Value™ of HK$0.57.
GuruFocus considers Tse Sui Luen Jewellery (International) to be Significantly Overvalued.
Key valuation signals for HKSE:00417:
Retained Earnings: HK$85 Mil
GF Value™: HK$0.57 vs. price of HK$0.75 (31.6% above fair value)
No single metric tells the full story. See the HKSE:00417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and Other countries.
40GF Score
Get the complete analysis for HKSE:00417
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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